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21 March 2022 • By Maja Garaca Djurdjevic • 1 min read

Douglass resigns from Magellan board

Hamish Douglass has resigned from the Magellan board. In an ASX listing on Monday, Magellan Financial Group confirmed that co-founder Mr Douglass ...

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Brookfield snaps up La Trobe for $1.5bn

Brookfield has struck an agreement to acquire La Trobe Financial for approximately $1.5 billion. Global asset manager Brookfield has announced an ...

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CEFC lifetime investment commitments reach $10bn

Nearly $1 billion in new investment commitments were made by the CEFC during the second half of 2021. The Clean Energy Finance Corporation (CEFC) ...

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Investors set to receive over $36bn in dividends

Dividend payouts from the latest reporting season could deliver benefits to the stock market and consumer spending. CommSec has estimated that more ...

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‘Wholesale reform’ needed to ensure long-term budget sustainability

The government must commit to a comprehensive budget reset, CEDA has said.  A new approach to budget policy is now required to ensure Australia’s ...

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ACCC takes Meta to court over crypto scam ads

The Facebook owner is accused of engaging in false, misleading or deceptive conduct. The Australian Competition and Consumer Commission (ACCC) has ...

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HESTA moves forward with internalisation strategy

A “key milestone” has been reached by the super fund as it moves towards managing at least 15 per cent of its $68 billion portfolio in-house

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New chief executive confirmed for AFSA

The new appointment will commence later this year. Attorney-General Michaelia Cash and Assistant Minister to the Attorney-General Amanda Stoker ...

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Common ownership probe yields recommendations

A report on the implications of common ownership and capital concentration in Australia has been tabled. “The magic source of free markets is ...

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Crypto investors face ‘the real’ possibility of losing all their money

European Union financial regulators have warned investors in crypto they face the possibility of losing all their money. Cautioning against the ...

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